USURY

These folks/ POLITICIANS in their own version of declarant control think that they can just keep adding debt to the accruing losses on their/ our budget: IN THE FACE OF EVERYTHING ELSE GOING ON TODAY.

The controller of California said that their state will "run out of cash before April". The State budget in Illinois has a deficit that will exceed $11 billion, it's pension fund is nearly $80 billion underfunded. Minnesota's projected loss $5 billion next year. Is it any surprise gold is up today and bonds are down?

Air travel in the Asia-Pacific region surpassed North America last year for the first time, with China emerging as the single largest market. Is it any surprise oil is up today...and coal?

Lets have fun: the current reported government liabilities are some $14,000,000,000,000. Of course in reality they are some five times larger that this...but take interest cost of an overly conservative 4% on that current debt.....for the next ten years we will pay in compounding interest on that debt of $8,106,770,025,909. Clearly to any first grader our nations debt is compounding faster than the economy can or ever will...grow.....

Scarcity of everything is upon us...the cost of everything is about to explode higher.......nobody is understanding the demand imbalance developing between the debtor nations and the creditor nations.

More people in NATO aligned countries will die each year from the drug/ heroin produced in Afghanistan than all the NATO combat military forces related deaths combined. There are many reasons to settle the middle-east down.

At the current inventory draw down of crude oil globally, we could be making record lows (of available oil) by June/ July.

Everyone is too bearish after the text book correction from year end closing prices...for equities....bonds are putting in a silent bottom in rates and classic top in prices.....just as everyone piles into the deemed safe haven.....and the press/ media supports it!

It has not been this cold in Sweden in 60 years.

Oh Ya..Usury..... "In common usage today, the word means the charging of unreasonable or relatively high rates of interest." THE FUTURE

Danny Boy seen here thinking briefly about the summer warmth.